Index Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Dow Jones U.S. Banks Index (INDEX:DJUSBK)
Strong Uptrend (+100) - DJUSBK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DJUSBK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid DJUSBK?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSBK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJUSBK
The long-term trend has been UP since Nov 9th, 2020 at 370.35
The intermediate-term trend has been UP since Apr 26th, 2021 at 553.70
The short-term trend has been UP since May 5th, 2021 at 568.88
Smart Scan Analysis for DJUSBK
Based on our trend formula, DJUSBK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||517.84||52wk High Date||2018-01-29|
|52wk Low||419.31||52wk Low Date||2018-10-24|